Our teams are innovative, hands-on and collaborative. The power to share and collaborate requires respect, integrity and teamwork. 

United through teamwork

Our company is rooted in a rich heritage but to look to the future, we need new energy and perspectives.

Open and collaborative culture

We are here to help our employees expand their skills and expertise in various areas.

Connect, Grow, Succeed

Prudential plc

Prudential Assurance Malaysia Berhad (PAMB) is a leading and innovative insurance company in Malaysia, serving the savings, protection and investment needs of Malaysians by offering a full range of financial solutions through its branches, agency force and bancassurance distribution partners network nationwide. 
Our purpose For Every Life, For Every Future is to provide simple and accessible financial and health solutions to every generation.
PAMB was established in Malaysia in 1924 and is a subsidiary of Prudential plc, which was founded in London in 1848. Prudential plc provides life and health insurance and asset management, with a focus on Asia and Africa.
This year, we are proud to celebrate Prudential’s 100th anniversary in Malaysia.
Source: <a href="https://www.prudential.com.my/en/our-company-about-us/" target="_self">prudential.com</a>

Who We Are

Purpose
For Every Life, For Every Future
Mission
To be the most trusted partner and protector for this generation and generations to come.
Source: <a href="https://www.prudential.com.my/en/our-company-about-us/" target="_self">prudential.com</a>

Our Values

Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people’s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.Candidate is responsible in assisting the Head of Models and Controls Team in all actuarial duties in accordance with sound actuarial principles and standards. Candidate is also responsible for managing and coordinating the work of the Model and Control team.The Actuarial Models and Controls team is responsible to maintain and develop actuarial models, ensuring a robust and efficient model for financial actuarial reporting such as RBC, IFRS17, GIECA, EEV/NBP, and performs innovation projects to improve the efficiency and effectiveness of actuarial models.PRINCIPAL DUTIES &amp; RESPONSIBILITIES:Model Management<ul><li>Ensure timely release, analyze&nbsp;and&nbsp;interpret financial results and findings.</li><li>Perform model enhancement which include but not limited to modelling of actual management practices, model integration, model efficiency improvement, and address the issues raised by stakeholders.</li></ul>Model Maintenance<ul><li>Construct the technical specification and model design with balance of technical robustness and operational efficiency.</li><li>Create and maintain model methodology documentation summarizing the model logic and the rationale behind such logics.</li><li>Document any model limitations and estimate the financial impacts.</li></ul>Model Validation<ul><li>Cross reference the financial reporting principles and methodologies, actuarial management practices and life operation practices to ensure the model formula is well explained.</li><li>Exercise Actuarial technical knowledge and expert judgement to explain reasonableness of modelling approach.</li></ul>Key Accountabilities<ul><li>Manage and co-ordinate work of model change request, prioritizing workload to ensure smooth delivery of model to actuarial department. </li><li>Enhance the actuarial capabilities and business skills of the actuarial staff through appropriate guidance and instructions. </li></ul><div>JOB SPECIFICATION</div><ul><li>Degree in Actuarial Science / Mathematics / Statistics / Physics or other physical sciences or numerate discipline, with good progress in actuarial examinations</li><li>At least 3 years of relevant experience. Candidate with less experience will be considered Senior Actuarial Professional role</li><li>Knowledge and experience in life insurance industry, preferably with RBC, IFRS17, ALS and financial reporting experience</li><li>Experience in Prophet or other equivalent actuarial modelling software</li><li>Proficiency in Microsoft Word and Excel</li><li>Good command of both spoken and written English</li><li>Excellent analytical and problem-solving skills</li><li>A team player with good interpersonal skills</li><li>Must be self-motivated with the ability to work under minimum supervision.</li></ul>&nbsp; Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.<div></div>

This job is for a Manager of Actuarial Services at Prudential, overseeing actuarial models and controls for financial reporting. You might like this job because it offers opportunities to innovate and enhance actuarial models, collaborating with a diverse team.

Kerja ini adalah untuk menjadi Pengurus Perkhidmatan Aktuari di Prudential, membantu pasukan dalam membangunkan dan menyenggara model-model aktuari. Anda mungkin berminat dengan kerja ini kerana ia memberi peluang untuk meningkatkan kemahiran anda sambil menjamin masa depan yang lebih baik bagi pelanggan.

Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people’s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.Candidate is responsible in assi...

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